Hat tip to the American Bankruptcy Institute for the link to this piece in the L.A. Times. In short, a study published in the American Journal of Medicine has revealed that the health care legislation in Massachusetts (on which the President's national health-care legislation was modeled) has failed to reduce the number of bankruptcies caused by medical bills.
Why? Deductibles and co-pays are still too much for many to pay.
The solution, according to the one of the lead authors, is to reduce both. Just who will pay for the increased insurance premiums is left unstated. Perhaps the fact that the study authors founded an organization promoting a single-payer system suggests their answer.
Why? Deductibles and co-pays are still too much for many to pay.
The solution, according to the one of the lead authors, is to reduce both. Just who will pay for the increased insurance premiums is left unstated. Perhaps the fact that the study authors founded an organization promoting a single-payer system suggests their answer.
Very interesting, Prof. Pryor. Thanks for sharing.
ReplyDeleteDawn M. Wade
Regent Law, 1999